000 01768nam a22002177a 4500
008 230118b2022 |||||||| |||| 00| 0 eng d
020 _a9781250888075
082 _a332.6092 CHI-M
100 _aChilds, Mary
245 _aBond king :
_bhow one man made a market, built an empire, and lost it all /
_cMarry Childs
260 _aNew York
_bFlatiron Books
_c2022
300 _a329 p.
365 _aINR
_b599.00
500 _aFrom the host of NPR’s Planet Money, the deeply-investigated story of how one visionary, dogged investor changed American finance forever. Before Bill Gross was known among investors as the Bond King, he was a gambler. In 1966, a fresh college grad, he went to Vegas armed with his net worth ($200) and a knack for counting cards. $10,000 and countless casino bans later, he was hooked: so he enrolled in business school. The Bond King is the story of how that whiz kid made American finance his casino. Over the course of decades, Bill Gross turned the sleepy bond market into a destabilized game of high risk, high reward; founded Pimco, one of today’s most powerful, secretive, and cutthroat investment firms; helped to reshape our financial system in the aftermath of the Great Recession―to his own advantage; and gained legions of admirers, and enemies, along the way. Like every American antihero, his ambition would also be his undoing. To understand the winners and losers of today’s money game, journalist Mary Childs argues, is to understand the bond market―and to understand the bond market is to understand the Bond King.
650 _aUnited States
650 _aGross, William H. (William Hunt), 1944-
650 _aBonds
650 _aCapitalists and financiers
650 _aFinance
650 _aInvestments
999 _c90441
_d90441